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Ethusdtrade

Ethereum to break supportAs in Bitcoin's case, bulls don't have reasons to be happy at all... After the recent drop under 3k, Eth started to correct, but this rally was short-lived and very well capped at 3.4k. A double top has formed here and now we are sitting exactly on the neckline's support. A break here looks imminent and the cryptocurrency can accelerate losses to 3k again Also, a continuation to the downside will confirm that a lower high is in place and EthUsd can drop to very important 2750 support Sell rallies can be a winning strategy for this crypto and only price above 3400 would negate this scenario.
BITSTAMP:ETHUSDShort
by Mihai_Iacob
6
ETHUSDT Analysis (All Possible Scenarios)Please support my work by clicking the LIKE button(If you liked).Thank you! Everything on the chart. As you can see that ETHUSDT is also forming a falling wedge, so be ready for bull move. What about me? Locally, of course, I would like to see the green scenario with 39k - to 40K test. if will be consolidation above 39k, it means that we are going to test the upper border, if not, then there will be another local decline in the region of 34-36k and only then growth, what option will be - time will tell, im just wait and hold my positions. Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
Long
by zulqurnain312
ETH/USDT 12 HOURS UPDATE Welcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures . I have tried my best to bring the best possible outcome in this chart. ETH bounce from this blu line support we are expecting a bounce from this level but we have to wait for 12 hours candle close if it will close upside the 21MA then I am bullish on it. let see how the daily candle closes. What's your thought on this? Do hit the like button if you like this update and share your views in the comment section.
by CRYPTOMOJO_TA
ETHUSDT | Best Entry & Target PointIf you find this technical analysis useful, please like & share our ideas with the community. Coming to the technical analysis of ETHUSDT , I think we are going to see an upward movement. If you are going to go long now, make sure to place the stop below the previous support area . What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Long
by MaxProfHacker
ETH/USDT 1D UPDATE Welcome to this quick update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. I have tried my best to bring the best possible outcome in this chart. ETH bounce from this blu line support we are expecting a bounce up to ATH and if it breaks the blue line by daily closing then we can also expect a drop up to $3200. let see how the daily candle closes. What's your thought on this? Do hit the like button if you like this update and share your views in the comment section.
by CRYPTOMOJO_TA
ETHUSDETH/USD has seen a steady and rather incremental price recovery this week after last weekend’s decline, but trading this morning is showing signs of value erosion After almost hitting a price of 4500.00 in early trading this morning, ETH/USD has come off this high water mark not seen since the 3rd of December and slipped slightly.  As of this writing, ETH/USD is near the 4360.00 ratio and trading conditions appear rather fast. Important short-term lows are within sight technically. If ETH/USD begins to challenge the 4350.00 to 4340.00 marks this could send a shiver of nervousness within speculators. Yes, ETH/USD has done well since the bedlam demonstrated late last week took the cryptocurrency to lows that were not anticipated.  After recovering from the spike which saw a low value of nearly 34700.00 exhibited, ETH/USD has methodically proven many buyers remain active. However the price action in Ethereum does remain rather volatile and trading just a few days ago demonstrated nervousness remains abundant. On the 6th of December an early high was reached around 4200.00 only to see ETH/USD plunge to a low of nearly 3925.00. And then only a little while later, ETH/USD was making a high of 4350.00 approximately in the same day. This is where the value of ETH/USD is largely trading now three days later. Choppy trading conditions are certainly part of the everyday landscape of ETH/USD, but recent tests of the 4000.00 psychological juncture is likely causing an increased amount of speculative nervousness. If current price levels are sustained and support near the 4330.00 mark proves vulnerable, ETH/USD may see further bearish movement short term. The broad cryptocurrency market has demonstrated some price declines in the short term, as they have given back some of their winnings made the past few days of trading. Cautious speculators who are skeptical of ETH/USD upwards move made recently and believe another retest of lower support levels is going to be exhibited near term cannot be faulted. These conservative traders may want to wait for the 4330.00 to 4300.00 to be tested before igniting their selling positions. Traders who are looking for quick hitting trades, and want to sell after short term reversals higher have challenged resistance can also make a selling wager. If resistance actually doesn’t prove durable and the 4400.00 to 4420.00 marks are toppled, another test of 4450.00 to 4500.00 could develop in the blink of an eye. Traders need to use their risk management wisely as ETH/USD fights to create a better trend. Ethereum Short-Term Outlook Current Resistance: 4400.00 Current Support: 4330.00 High Target: 4500.00 Low Target: 4153.00
COINBASE:ETHUSD
by SmoothJB
ETH/USD Forecast: Ethereum Testing Previous ResistanceThe Ethereum market initially tried to rally during the trading session on Thursday only to turn around and fall just below the $4500 level. The $4500 level was resistance of the last couple of trading sessions, so it does make a certain amount of sense that we would see a bit of “market memory” coming into the picture right now. The $4500 level is yet another area that a lot of people will be paying attention to due to the fact that the market does tend to move in $500 increments, and therefore it is not a huge surprise to see a little bit of action here. That being said, I still believe that the uptrend is very much in track, and therefore I think we have an opportunity to buy if we break down. If we do break down from here, I believe that the 50 day EMA which sits just above the $4000 level and offers plenty of support. The 50 day EMA is starting to slope higher, and therefore it does suggest that the intermediate trends are going to continue to hold, and the $4000 level will probably end up being a major “floor the market” as it was a significant resistance barrier previously, and an area where we have seen a lot of attempts to break down through it. The fact that we could not do it so many different times tells me just how much buying pressure there is there. I hope this market breaks down from here towards the $4000 level, which would allow me to pick up quite a bit of value. I have no interest in selling Ethereum anytime soon, but I do recognize that if we were to break down below the $4000 level it would be a very significant break down, and then I would simply let the market fall further so I can add to my longer-term position. Currently, the 200 day EMA sits at the $3000 level, which of course would be a major technical indicator that a lot of people would pay close attention to. It is not until we break down below there that you would have to consider it “crypto winter”, something that I think we are nowhere near reaching towards as Ethereum has become more mainstream this time, so therefore any selloff is going to be much less drastic that it was the last time the market sold off a few years ago  I still believe that the uptrend is very much in track, and therefore I think we have an opportunity to buy if we break down.
BITSTAMP:ETHUSD
by SmoothJB
ETHUSDT Retest Before New ATH?In the past two months, we have seen some great gains being made on ETH/USDT and other Altcoins. ETHUSDT was able to make a high of 4800, after that the top altcoin started consolidating between the range of 4460-4780. After taking a look at the weekly chart I found the most recent trend to be over-extended. So I classified it as the 3rd wave of this bull cycle. I am expecting ETHUSDT to retest the 3989-4060 level in the next two weeks, where I will have my limit orders stacked and ready for the final wave of this bull market. If you noticed I have drawn Fibonacci levels based on a high that was never made before. I use this method to predict the highs and lows of cycles. I will explain it in an educational post very soon. A break of the 3886 level would invalid this analysis.
by UnknownUnicorn17674375
9